Student Name:
Mohammed Abdulla S.A Al-Thani
Student ID : 10489670
Tutor Name :
Maurice Manktelow
Moodle Name:
SALES MANAGEMENT
SALES MANAGEMENT
Contents
Sales Strategies
Sales strategies involve various policies and plans that a company implement to launch or position its products into the market. We-Print of USA have decided to expand its business in UK market. For this reason the company needs to develop strong sales strategies to capture the market of UK. The company should first set its target to acquire the business market of UK and after that it can move to consumer market.
Types of personal selling
For acquiring the market of UK, We-Print needs to implement different types of personal selling techniques. Personal selling helps to build strong relationship with customers. Effective personal selling will help to enhance the value of We-Print in the mind of consumers. Personal selling techniques will facilitate the company to reach maximum numbers of customers in its target market segment within a short span of time.
For acquiring the business market of UK the company should implement industrial selling. This personal selling technique of We-Print will involve in selling of large printing machineries to different companies and industries. With the help of well educated and trained sales person We-Print should implement this sales strategy. These sales persons will provide assistance and information to the companies in regards to We-Print’s printing machines.
Selling to consumers or other businesses, developing an effective sales strategy is the first step to persuading customers to part with their money. In particular, we need to identify which customers to focus the efforts on, the sales methods that will be use to reach them and how we will price the product or service.
Before we created our promotional materials such as posters, leaflets and flyers, we had to make sure that we were able to find a suitable price in which we can budget according to our finances. During our research, we were able to locate a suitable printing agency in which we could print our promotional materials in bulk, so we could hand out in the local area to help promote the business. The advantage of the agency we chose for printing our material was that they were able to print our promotional materials within 2 working days and that any deliveries that took place could be tracked on the website when u log on to it, this to make sure that the delivery is going according to plan. By selecting the amount we though would be
COMMUNICATE with our customer base through print magazine advertising, postcard mailings and via our website.
Once the sales plan has been developed, tactics should be thought of on how to implement the plan. For example, a business could find customers in a new market segment or train sales staff to upsell premium features. According to Business Queensland (2017), the sales plan identifies how the business will approach and sell to its customers. The sales plan sets out the approach to attracting new customers, a plan to increase existing customer sales and a plan for achieving targets and increasing profit
Keeping in touch with established clients is vital to a wide assortment of businesses. Combining a campaign of contacting past or current customers while also courting new ones is ideal and for many enterprises direct mail printing provides this opportunity. Moreover, it does so in an economical and convenient manner that is less likely to elicit a negative reaction from customers than contacting them by phone or email.
Developing strategies in relation to any application of marketing suggest a marketer’s ability to comprehend and align business practices with the need of the consumer and business simultaneously. Strategies present challenges whether domestic or international markets are the emphasis. The ability to set customary prices, have market presence, encouraging advertisements and publicity, understand the competition, develop accurate communication, a complete SWOT analysis including domestic and international markets, and customizing the target market, present boundless opportunity that consumers appreciate and market recognition. At each stage of
Personal selling is an important marketing component. In the glossary of our textbook, personal selling is defined as “personal communication with an audience through paid personnel of an organization or it agents in such a way that the audience perceives the communicator’s organization as being the source of the message.” (Ingram, LaForge, Avila, Schwepker, Jr. & Williams, 2015). Personal selling is trying to communicate with or convince a potential customer, usually through face-to-face contact, that your service or product is the best product or service that can satisfy or meet his or her product or service needs. Some examples of personal selling include real estate agents, retail clerks, insurance agents, automobile salespersons, telephone
printing business the company is able to leverage purchasing power to assist in lowering overall
In terms of sales and marketing, we adapted our strategy based on how the products played in each segment. Our strategy was to spend efficiently in marketing & sales to keep the customer awareness and accessibility high for the premium products, while maintaining a decent level of awareness and accessibility in other segments.
To Sell Is Human is a book that examines and evaluates the influence of sales in our lives. Daniel H. Pink, the book’s author, explores how nowadays, everyone is participating in sales: from lawyers trying to sell juries on a verdict, physicians selling remedies to their clients, to employers selling their bosses reasons why they should get a raise. We are all now on sales, and this does not mean we are only selling palpable products, but services, techniques and ideas. Moreover, in the book, Pink writes about how the sales world must be updated from its obsolete practices to more service-oriented ones, or in other words, it has to switch to techniques that will actually move others. Finally, Pink guarantees his book will change how the reader
Sales are the most important aspect for the growth of any business. Most businesses have the goal of maximizing their profitability which can be achieved by the increase in the level of sales that a company makes. HD printing services Company is a company built on the desire for making state- of-the- art plans and projects. The company also involves itself in involving tangible pieces which they do for their brands and various clients. The company uses the customer-centric approach in delivering products and services. The company utilizes technology in their industry and has up to date equipment that enables the company to provide timely and high-quality products. The company 's products are affordable to almost all individuals from different income levels. However, the company has been faced by a decline in the level of sales therefore, decreasing the profitability of the company. Decline in sales is also decreasing the wealth of the shareholders of the company who include the owners of the company, the employees and also the society as a whole.
Print catalogs are giving advertisers another avenue by which they can reach their audience, and are being embraced by more and more brands in the competition for market share. In the quest for brand awareness, the more channels of communication the better; the print catalog is yet another way to lure customers to engage with a brand’s multi-channel campaign – and are often a point of differentiation from the competition.
What is the one thing that all for-profit companies have in common? They must generate sales of their products or services to survive. In order to accomplish this, most companies have a team of sales representatives driving themselves and each other to win the confidence of clients. But just like every sports team needs a coach, every sales team needs a strong and knowledgeable Sales Manager to be successful.
This term paper exercise is designed to have you study the specific sales practices of a company
Over the last few weeks, a lot has changed in the way I looked at Sales, Marketing and Business in general. Coming from a creative and digital marketing background, my perception of sales was restricted to cold calling and breathless pitches to customers who may or may not be interested in your products or services. As it turns out, there is a lot more strategic thinking and a number of aspects that go into building an effective sales organization structure.